Tether Price

Coin Prices

DAI

$0.00250079

-10.20%

Price data by

DecryptTether

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Tether

usdt

$0.999

0.00043%

Stablecoins

USD Stablecoin

Solana Ecosystem

Avalanche Ecosystem

24-Hour Range

$0.999

Low

High

Market Cap (Mcap)

Rank

Mcap

$183.34B

Fully Diluted Mcap

$188.81B

Supply

Circulating

183,363,017,257

Total

N/A

Created On

N/A

All Time High (ATH)

ATH

$1.32

ATH Change

-24.43%

ATH Date

Jul 23rd, 2018

Total Value Locked (TVL)

TVL

N/A

MCap to TVL Ratio

N/A

FDV to TVL Ratio

N/A

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Tether Chart

Price

Volume

Market Cap

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Learn about Tether

What Are Stablecoins and How Do You Use Them?

Stablecoins are cryptocurrencies that claim to be backed by fiat currencies. Unlike cryptocurrencies like Bitcoin, their prices remain steady.

What Is USDT? Tether's Record-Breaking Stablecoin

Tether is a type of cryptocurrency known as a stablecoin, that’s pegged to the price of the U.S. dollar. Here’s everything you need to know.

Tether News

Aug 26, 2026

Business

Tokenized Deposits Could Drain $700 Billion From Bank Lending, Dallas Fed Warns

Tokenized deposits could enable faster payments but make banks’ funding less stable, according to a report by the Dallas Federal Reserve. The report, published on Tuesday, examines how widespread adoption could affect bank liquidity and maturity transformation—the use of deposits available on demand to finance longer-term loans. Myriad: Crude oil's next move? Click to make your prediction. “Increasing adoption of distributed ledger technology—blockchain is the best known—has opened up digital pa...

by Jason Nelson · 3 min read

Aug 20, 2026

Business

Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules

The top U.S. banking regulator says it will finalize its rules for stablecoin issuers by November, moving to beat a fast-approaching deadline for the country's landmark digital-dollar law. Jonathan Gould, head of the Office of the Comptroller of the Currency, laid out the timeline Wednesday at the Wyoming Blockchain Symposium, an event hosted by SALT in Jackson. He said the agency is working at a rapid pace and expects to publish a final rule by November as it weighs feedback gathered from the c...

by Decrypt Agent · 2 min read

Aug 17, 2026

Law and Order

Treasury Proposes Rules Defining Who Can Legally Sell Stablecoins in US

The U.S. Department of the Treasury proposed rules Monday defining which stablecoins can be issued or sold in the United States under the GENIUS Act. The proposal implements Section 3 of the GENIUS Act, signed into law last summer. According to the proposal, beginning January 18, 2027, stablecoin issuers generally must obtain a federal or state license. Platforms can also sell foreign-issued stablecoins, but only if the foreign issuer complies with U.S. legal orders and agreements between the U....

by Jason Nelson · 3 min read

Aug 13, 2026

Business

Tether Claims 'Largest Inaugural Financial Audit' as KPMG Signs Off on 2025 Statements

Tether said Thursday that Big Four accounting firm KPMG issued an unqualified audit opinion—industry jargon for the best possible result—-on the 2025 financial statements of Tether International, the company behind the world’s largest stablecoin USDT. In a post announcing the audit, Tether called the review the “largest inaugural financial audit in history,” saying KPMG examined Tether’s assets, liabilities, income, cash flows, internal systems, records, counterparties, and supporting documentat...

by Jason Nelson · 2 min read

Aug 3, 2026

Law and Order

Former FBI Agent Charged With Stealing Nearly $1 Million in Crypto and Using ChatGPT for Investment Advice

A former FBI supervisory special agent has been charged with stealing nearly $1 million in cryptocurrency from wallets tied to FBI counterintelligence investigations, according to court documents that also detail how he later asked ChatGPT for advice on investing the money and relocating overseas. On Friday, Patrick Steven Yaroch was charged with interstate transportation of stolen goods and receipt of stolen goods. Prosecutors allege the thefts occurred between early 2025 and July 2026 while Ya...

by Jason Nelson · 3 min read

Jul 31, 2026

Business

Tether Reports $1.5B Q2 Profit as USDT Supply Grows, Gold Holdings Rise

Tether reported $1.5 billion in net operating profit for the second quarter, a nearly 50% increase against Q1 2026, as the stablecoin issuer increased USDT in circulation, expanded its reserve surplus to more than $4 billion, and added to its gold holdings despite a weaker stablecoin market. The company reported the results Friday in its latest quarterly attestation. Tether said that as of June 30 it held about $187.75 billion in assets against approximately $183.64 billion in liabilities, leavi...

by Jason Nelson · 2 min read

Jul 15, 2026

Law and Order

US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets

The U.S. Treasury's Office of Foreign Assets Control sanctioned multiple cryptocurrency wallets tied to Iran's Central Bank and the Islamic Revolutionary Guard Corps on Tuesday, with stablecoin issuer Tether freezing over $131 million across four addresses on the Tron blockchain. Treasury Secretary Scott Bessent confirmed the move in a post on X, vowing the U.S. would "aggressively follow the money and deny the Iranian regime access" to illicit funds. Separately, the Treasury sanctioned seven in...

by Jose Antonio Lanz · 3 min read

Jul 13, 2026

Markets

Bolivia Is Considering Adding Tether's USDT Stablecoin to National Payments System: Report

Bolivia’s economy is stabilizing, and now it is investigating the potential inclusion of Tether’s dollar-backed stablecoin USDT as a form of payment in the nation, according to a local news report from La Razón. The report stems from a Friday briefing from Bolivia’s Minister of Economy, José Gabriel Espinoza Yáñez, who highlighted the care that must be taken as part of the assessment. “Remember that Bolivia is on the [Financial Action Task Force] gray list, yet another consequence of the proble...

by Logan Hitchcock · 2 min read

Jun 18, 2026

Law and Order

Jerome Powell Supports Fed's New Stablecoin Policies—But Chair Kevin Warsh Abstains

The Federal Reserve on Thursday issued a proposed rulemaking dictating how American crypto firms will have to evaluate customers and discourage money laundering now that stablecoins have been formally legalized. The rulemaking, proposed jointly with President Donald Trump’s administration agencies including the Treasury Department and the FDIC, interprets how to implement provisions of the GENIUS Act pertaining to customer identification requirements. The GENIUS Act, enacted last summer, formal...

by Sander Lutz · 2 min read

Jun 17, 2026

Business

CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise

Trace Finance, a financial infrastructure company that links banks in Brazil and the United States to stablecoin settlement networks, said Wednesday that it has raised $32 million in a Series A funding round led by CoinFund, with backing from Coinbase Ventures, Haun Ventures, Jump Capital and several other crypto-focused investors. The raise comes as Brazilian regulators reclassify cross-border crypto transfers as foreign-exchange operations, a shift that is pushing institutional money away fro...

by Decrypt Agent · 2 min read

Jun 2, 2026

Law and Order

US Treasury Sanctions Iranian Crypto Exchanges Including Nobitex for Terrorist Financing

The U.S. Treasury Department's Office of Foreign Assets Control designated Nobitex, Iran's largest digital asset exchange, along with three other Iranian cryptocurrency platforms for allegedly facilitating terrorist financing and sanctions evasion. The Treasury Department alleges Nobitex processed more than 50% of all Iranian digital asset inflows in 2025 and facilitated payments tied to Iran's terrorist activities, sanctions evasion efforts, and Islamic Revolutionary Guard Corps-linked transac...

by Decrypt Agent · 2 min read

Jun 2, 2026

Law and Order

New York’s Crypto Watchdog Teams With EU to Police Stablecoins

New York’s preeminent crypto regulator has charted a transatlantic path toward comprehensive stablecoin rules, aligning regulatory efforts on Tuesday with the European Union. In a 22-page memorandum of understanding, the New York Department of Financial Services and European Banking Authority detailed procedures intended to facilitate the exchange of supervisory and confidential information as it relates to the $314 billion sector. In a statement, the NYDFS described the measure as an effort to...

by André Beganski · 2 min read

May 25, 2026

Business

With Central Bank’s Blessing, Georgia Taps Tether for 'Official' Stablecoin

Tether said on Monday that it plans to issue a stablecoin in Georgia with support from the country’s government, underscoring the nation’s aggressive push to establish itself as a crypto hub that’s uniquely aligned with U.S. regulations. The stablecoin, dubbed GELT, will serve as a digital representation of the Georgian lari, Tether said in an announcement. It described the move as among “the first joint efforts to place a national currency directly onto digital asset rails” under a purpose-buil...

by André Beganski · 2 min read

May 13, 2026

Business

Bank of England Treating Stablecoins as 'New Form of Money', Says Exec

With the Bank of England gearing up to accept applications from would-be stablecoin issuers, its executive director of financial market infrastructure explained that the central bank is treating stablecoins as “a new form of money.” Speaking in a panel discussion at the Financial Times Digital Asset Summit, Sasha Mills noted that, “By the end of the year, we will be open and welcoming applications” from those looking to launch “a systemic stablecoin for widely used payments in the U.K.” Ahead o...

by Stephen Graves · 3 min read

May 7, 2026

Artificial Intelligence

Tether's Medical AI Runs on Your Phone and Outperforms Models 16x Its Size

Tether, the stablecoin company best known for USDT, just released a medical AI model that fits in your pocket and may outperform rivals more than a dozen times its size. QVAC MedPsy launched today from Tether's AI Research Group as a new class of medical language models designed to run on smartphones, wearables, and edge devices—no cloud required. The headline number: a tiny 1.7 billion-parameter model capable of beating Google's MedGemma-4B on medical benchmarks despite being less than half i...

by Jose Antonio Lanz · 3 min read

May 5, 2026

DeFi

How Solana Exchange Drift Plans to Repay Users After $295 Million Crypto Hack

A month after North Korean-affiliated hackers drained $295 million in user funds from decentralized crypto exchange Drift Protocol, the Solana-based platform has released a detailed recovery plan outlining how it intends to compensate affected users and relaunch as a rebuilt, security-focused exchange. The April 1 attack was attributed to a North Korea state-affiliated threat actor, as confirmed by forensic firm Mandiant. Following the exploit, Drift temporarily suspended all core protocol func...

by Decrypt Agent · 3 min read

May 1, 2026

Business

Tether Reports Billion-Dollar Q1 Profit Amid Crypto Slump—And Says Audit Has Begun

Tether reported more than $1 billion in profit for the first quarter of 2026, against a backdrop of broader crypto market volatility, the company announced Friday. The world’s top stablecoin issuer said net profit reached approximately $1.04 billion for the quarter. The company also reported that its buffer between the total value of its stablecoins in circulation, and the amount of reserves it has on hand to back those assets, has grown to an all-time high of $8.23 billion. Tether’s Q1 figures...

by Sander Lutz · 2 min read

Apr 29, 2026

Law and Order

Tether Stakeholder Gave Farage Undisclosed $6.7M Gift Amid Reform UK Crypto Funding Scrutiny

Christopher Harborne, a billionaire with a 12% stake in USDT stablecoin issuer Tether, gave Nigel Farage a previously undisclosed $6.7 million (£5 million) gift in 2024. The donation, first reported in The Guardian, was to pay for his personal security, Farage later told The Daily Telegraph. The payment was reportedly structured as a personal gift and was never officially disclosed under UK campaign finance laws. At the time Farage received the gift, he had not announced plans to run as a Membe...

by Stephen Graves · 3 min read

Apr 21, 2026

DeFi

Tether Asserts Stablecoin Dominance Over Circle's USDC Amid Major Crypto Hacks

Tether’s dominance over Circle has been rising since Solana-based Drift Protocol was exploited for $285 million this month, with decentralized finance users appearing to propel USDT’s market cap to an all-time high on Tuesday following another major hack. Since attackers linked to North Korea pulled off one of DeFi’s largest hacks this year, USDT’s market cap has grown 2.1% to nearly $188 billion, according to CoinGecko. Meanwhile, USDC's total value has increased at a slower pace, rising 1.4%...

by André Beganski · 3 min read

Apr 14, 2026

Technology

Stablecoin Giant Tether Launches Wallet for USDT, Bitcoin and Gold-Backed Tokens

Tether launched a self-custodial digital wallet on Tuesday called Tether.Wallet, offering support not only for its flagship USDT stablecoin and USAT for the U.S. market, but also Bitcoin and its gold-backed token, XAUT. The wallet supports USDT and XAUT across Ethereum and the Polygon, Plasma, and Arbitrum networks. It also supports USAT on Ethereum, as well as Bitcoin both on mainnet and via the Lightning Network. Users can send funds using human-readable Tether names rather than complex walle...

by Decrypt Agent · 2 min read